Singapore’s UOB Kay Hian Acquires 8.5% Stake in Bakrie & Brothers (BNBR)

Singapore’s UOB Kay Hian Acquires 8.5% Stake in Bakrie & Brothers (BNBR)

UOB Kay Hian acquired a total of 14.68 billion shares last week on October 8, now holding around 8.47% stake.

(Bisnis.Com) 01/01/70 07:00 3141

Bisnis.com, JAKARTA — Singapore-based brokerage firm UOB Kay Hian Pte. Ltd. recently joined as an investor in PT Bakrie & Brothers (BNBR), acquiring a total of 14.68 billion shares last week on October 8.

According to a disclosure sent by Bakrie & Brothers’ corporate secretary Christofer A. Uktolseja to the bourse authority, the share ownership status is direct and was bought at a price of 0. The brokerage now holds approximately 8.47% stake in BNBR.

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